In June, oil and gas revenues in Russia were drowned almost the lowest level since the introduction of sanctions – from January 2023. The world’s strong and low oil prices have reduced budget revenues.
In June, Russia’s oil and gas revenues fell to 494.8 billion rubles. This data is published by the Ministry of Finance. This is the lowest revenue since January 2023, when the European Union and the “Great Seven” began to work and Russian companies were forced to search for alternative supplies. Compared to last June last year, the income decreased by more than a third.
A decrease in mineral mining continued. NPP revenues fell to 609.4 billion rubles. While in January it reached 1049 billion. The main losses go on NDPS for oil. The payments fell to 506.1 billion rubles.
The main reasons for reducing budget revenues from the sale of oil and gas are stronger rubles and a decrease in global oil prices, with a discount on which Russian raw materials are sold. The cost of the North Brent sea reference fell to $ 63 in June.
The sanctions of the United States of America and the European Union were also affected, but have a limited impact compared to global prices.
“The complete deviation of the oil and gas revenues actually received from the expected monthly volume of oil and gas revenues and evaluating the basic monthly volume of oil and gas revenues of the basic monthly volume of oil and gas revenues in June 2025 amounted to 7.05 billion rubles,”, “, Reports of the Ministry of Finance.
In general, for six months, oil and gas revenues were better. For 6 months, receipts reached 4734.8 billion rubles – 17 % lower than the previous year.
As I mentioned Eadaily The Ministry of Finance in Russia establishes that the reduction of oil and gas revenues this year can be at a level of 2.6 trillion rubles. According to the budget base, they are compensated by the National Fund for Social Welfare. Experts say Russia has a margin of strength, while low oil prices create Donald Trump’s problems at home.
